Techmeme
July 7, 2021, 9:20 AM

Top News

CNBC:
The Pentagon has canceled the $10B JEDI cloud contract that was awarded to Microsoft but faced legal challenges from Amazon, announced new multivendor contract  —  - The Department of Defense said it's calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft.
Justin Sink / Bloomberg:
Source: Biden will direct the FTC to draft new right-to-repair rules, with an explicit mention of mobile phone manufacturers expected in the directive  —  - Order may loosen rules on who can undertake phone repairs  — Pentagon contractors, farm equipment also under scrutiny
Bloomberg:
Sources: China plans rule changes requiring Chinese companies to seek approval to list overseas, even if the unit selling shares is incorporated outside China  —  - Securities regulator working to change overseas listing rules  — Change would require VIE firms to get nod to list offshore
Bloomberg:
Sources: state-backed Russian hacking group APT29 breached the RNC last week, possibly via IT provider Synnex; RNC says there's is no indication it was hacked  —  - Hackers part of ‘Cozy Bear,’ people familiar with matter say  — RNC official says ‘no indication’ computer systems hacked
Financial Times:
Binance says it will temporarily suspend euro bank deposits from the EU's Single Euro Payments Area network due to “events beyond our control”  —  Latest block comes after flurry of regulatory pushbacks against crypto exchange  —  Binance said it will suspend euro bank deposits …
Manish Singh / TechCrunch:
Report: Indian startups raised a record $10.46B in H1 2021, vs. $4B in H1 2020 and $11.6B in all of 2020; India produced 16 unicorns this year  —  Indian startups have raised a record $10.46 billion in the first half of 2021, up from $4 billion in H1 2020.  —  A startup founder …
Michael P. Regan / Bloomberg:
A look at synthetic shares of Apple, Amazon, and others, which track the prices of real stocks and are being traded on blockchain projects like Mirror Protocol  —  - A DeFi ‘Trojan Horse’ finds its way to the stock market  — Sounds like ‘investor-protection issue,’ says Themis's Saluzzi
Dean Takahashi / VentureBeat:
Amazon open sources its Lumberyard game engine; the project will be overseen by the Linux Foundation and now be called the Open 3D Engine  —  Where does your enterprise stand on the AI adoption curve?  Take our AI survey to find out.  —  Amazon is contributing its Lumberyard game engine to open source …
Will Oremus / Washington Post:
Facebook waiving Bulletin's fees at launch is a classic Silicon Valley tactic used to quash competitors, exemplifying a strategy critics think should be illegal  —  Facebook's latest product, a newsletter platform called Bulletin, exemplifies a strategy that some critics think should be illegal
Clothilde Goujard / Politico:
EU's new law will let tech companies scan their platforms for child sexual abuse material for the next three years without fear of violating EU's privacy laws  —  The European Parliament on Tuesday approved a controversial law that would allow digital companies to detect and report child sexual abuse …
Catalin Cimpanu / The Record:
Microsoft releases emergency update to patch the “PrintNightmare” vulnerability impacting Windows Print Spooler, which could allow attackers remote PC access  —  Microsoft has released an emergency out-of-band security update today to patch a critical vulnerability …
Rebecca Chowdhury / MIT Technology Review:
Hands-on with New York's Excelsior Pass vaccine passport: low adoption, privacy concerns, persistent technical glitches, and limited use at top leisure venues  —  When we tested New York's Excelsior Pass, we found privacy concerns, technical glitches, and questions over who it's really for.

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More News

Dean Takahashi / VentureBeat:
Makena Kelly / The Verge:
Catie Keck / The Verge:

Earlier Picks

Raphael Satter / Reuters:
Rest of World:
The Verge:
Manish Singh / TechCrunch:
Kim Hart / Axios: